Headlines about Long Island Iced Tea (NASDAQ:LTEA) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Long Island Iced Tea earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.2779273189611 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, ValuEngine upgraded shares of Long Island Iced Tea from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 12th.
Long Island Iced Tea (LTEA) traded down $0.06 during trading on Friday, reaching $2.34. 66,033 shares of the company’s stock were exchanged, compared to its average volume of 67,712. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.63 and a current ratio of 1.10. Long Island Iced Tea has a 52 week low of $2.01 and a 52 week high of $6.68.
Long Island Iced Tea Company Profile
Long Island Iced Tea Corp. is a holding company operating through its subsidiary, Long Island Brand Beverages, LLC (LIBB). The Company is engaged in the production and distribution of Non-Alcoholic Ready-to-Drink (NARTD) iced tea in the beverage industry. It is organized around its brand, Long Island Iced Tea.
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